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Keynesianism - Philosophy Dictionary of Arguments | |||
Keynesianism is an economic theory that goes back to the work of John Maynard Keynes, emphasizing the role of government intervention in stabilizing the economy. It argues that during recessions, government should increase spending and lower taxes to stimulate demand and pull the economy out of downturns. Keynesianism supports the use of fiscal and monetary policies to manage economic cycles and promote full employment and price stability. | |||
Author | Item | More authors for concept | |
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Keynesianism | Competition | Competition | |
Keynesianism | Demand | Demand | |
Keynesianism | Economic Cycle | Economic Cycle | |
Keynesianism | Economic Policies | Economic Policies | |
Keynesianism | Government Debt | Government Debt | |
Keynesianism | Interest Rates | Interest Rates | |
Keynesianism | Investment Trap | Investment Trap | |
Keynesianism | Macroeconomics | Macroeconomics | |
Keynesianism | Monetary Policy | Monetary Policy | |
Keynesianism | Money | Money | |
Keynesianism | Money Supply | Money Supply | |
Keynesianism | Phillips Curve | Phillips Curve | |
Keynesianism | Stagflation | Stagflation | |
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